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22A - AWARD FODDRILL CONSTRUCTION
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22A - AWARD FODDRILL CONSTRUCTION
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Last modified
7/31/2017 9:37:05 AM
Creation date
7/27/2017 4:54:17 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
22A
Date
8/1/2017
Destruction Year
2022
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PROJECT ECONOMIC SUMMARY <br />EXPLANATION <br />A. AVERAGE ELECTRIC BILLING RATE -- past 12 months (Cents/kWh) $ 0.21660 Based on Billing History <br />B. ENERGY EFFICIENCY PROJECT SAVINGS <br />8.1. Estimated Annual Kilowatt Hour Savings (kWh) 27,710,0 <br />B2. Estimated Annual Dollar($) Savings $ 6,001.99 <br />B.3. Estimated Monthly Dollar($) Savings $ 500.17 <br />C. COSTS <br />On -Bill Financing Program - Preliminary Loan Term Calculation (LTC1) <br />Completion DataTime: 7/25/201610:17 AM <br />$ 52,968.41 <br />kea LTCi ""' <br />Project Number: <br />353-16-0500868641 <br />$ 6,209.65 <br />ACTUAL TERMS WILL BE CALCULATED <br />Service Account: <br />3-030-3976-48 <br />$ 46 758.76 <br />BASED ON FINAL REVIEW AND VERIFICATION <br />Customer Number: <br />1-0-000-7130 <br />OF THE PROJECT INSTALLATION REPORT <br />Customer Account <br />Number: 2-24-020-8363 <br />OBF Application Receipt Date: 6/7/2016 <br />LTC1 Reserved Amount is $46,758.76 <br />Project Type(s) : <br />Customized <br />First month payment is $242.95 <br />Market Segment: <br />Government and Institutions <br />93 subsequent monthly payments $500.17 <br />Business Name: <br />SANTAANA, CITYOF <br />Reference Name: <br />PENDING ED PRP - SANTA ANA LT - STADIUM <br />Address: <br />650 N FLOWER ST A <br />City, CA Zip: <br />SANTA ANA, CA 92703 <br />PROJECT ECONOMIC SUMMARY <br />EXPLANATION <br />A. AVERAGE ELECTRIC BILLING RATE -- past 12 months (Cents/kWh) $ 0.21660 Based on Billing History <br />B. ENERGY EFFICIENCY PROJECT SAVINGS <br />8.1. Estimated Annual Kilowatt Hour Savings (kWh) 27,710,0 <br />B2. Estimated Annual Dollar($) Savings $ 6,001.99 <br />B.3. Estimated Monthly Dollar($) Savings $ 500.17 <br />C. COSTS <br />C.1. Estimated Total Project Cost <br />$ 52,968.41 <br />3.2. Excess Project Cost <br />$ - <br />C.3. Estimated Total Rebate/Incentive <br />$ 6,209.65 <br />C.A. Other <br />$ - <br />C,5. Estimated Potential Loan Amount (Gross Amount) <br />$ 46 758.76 <br />C.6. LTCl Reserved Amount <br />C.7. LTC2 Reserved Amount <br />D. LOAN <br />D.I. Gross Amount for Potential Financing $ 46,758.76 <br />D.2. Monthly Loan Repayment Amount $500.17 <br />D.3. Actual loan term (Months) 94 <br />DA Actual loan term (Years) <br />E. LOAN LIMIT TESTS <br />7.8 <br />From Approved Project Application <br />Estimated Annual kWh Savings x Average Rate = $ savings (8.1 x A) <br />Estimated Monthly $ Savings (B2 / 12) <br />From Approved Project Application <br />Based on 20% Basic Lighting Cap Rule <br />From Approved Project Application <br />(C.1) - (C.2) - (C.3) - (C.4) <br />From LTC1 calculation following Approved Project Application <br />LTC2 Loan Amount per policy cannot be greater than LTC1 amount <br />Lesser of (C.5) or (C.6) or (E.1.2) or (E.2.3) or other rules apply <br />(B.3) <br />Time required to repay loan In months (subject to <br />exception analysis below) <br />Time required to repay loan in years, (D.3) /12 <br />E.I. Market Segment Amount of Loan Test (Min/Max Loan Amount) <br />E.1.1. Market Segment Minimum Loan Amount $ 5,000 Minimum Loan Amount per Service Account or Bundle <br />E.1.2. Market Segment Maximum Loan Amount $ 250,000 Com, Ind, Ag = $100,000, G&I = $250,000 <br />E, 1.3. Within Market Segment Limit? Y Is D.1 within loan amount limits Y/N? <br />E2 Customer Loan Limit Test (Previous Loans for this Service Account) <br />E.2.1. Service Account Loan Amount Limit $ 250,000 (E.1.2) or $1 M for G&I Facility <br />E.2.2. Previous Loans Reserved for this Service Account $ Total of previous OBE loans + reservations <br />E.2.3. Estimated Amount Eligible for Loans $ 250,000.00 11) - (E.2.2), If < 0, then 0. <br />E.2.4. Within Available Amount? Y Is DA. -E.2.3. Y/N? <br />E.3, Length of Loan Test <br />E.3.1. Loan Length Limit (months) 120 CIA (lighting) = 36, CIA (non -lighting) = 60, G&I = 120 months <br />E.3.2. Within Loan Length Limit? Y Is D.3 within limit YIN? <br />E.4. Expected Useful Life (EUL)" Loan Length Limit Test <br />E.4.1. Applicable Measure EUL (months) 144 EUL in months of measure with greatest kWh contribution <br />E.4.2. Within EUL Loan Length Limit? Y Is D.3 within limit YIN? <br />B.5. EXCEPTION ANALYSIS (If any E.1 thru E.A. yields a "No") Exception Analysis Loan Minimum Requirement Test <br />Does the loan amount from Exception Analysis meet the $5K loan <br />minimum requirement? YES <br />E.5.1. First Payment Amount $ 242.95 _ __ <br />E.5.2. Subsequent Monthly Loan Repayment Amount $ 500.17 Based on minimum loan requirement of $SK and supplemental i <br />E.5.3. Subsequent Monthly Payments 93 Exception Analysis, this amount qualifies for an estimated OBF <br />E.5.4. Net Amount for Financing $ 46,758.76 loan. <br />'Expected Useful Lite (EULr Each measure IS expected to pe,tmm muscularly tm a peed of g,ne. An EUL tar <br />each energy ettclency measure is assigned by he Cflicrnla Ena,gy Commission CEO). <br />LI u iv. IUlab <br />22A-14 <br />
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